Stonebridge Property Group is pleased to present for sale 255-263 Glenferrie Road, Malvern.
- A commanding Glenferrie Road investment/landbank with unrivalled street exposure to one of Victoria's most sought-after retail precincts
- 5 separate double level buildings all with multiple front & rear access points allowing for mixed use/multi-tenant capability
- Set to provide a fully leased income of $302,888* per annum (currently 80% leased to a mix of longstanding tenants)
- Flexible Commercial 1 Zoning, 632 sqm* of underlying land, 20.7m* of Glenferrie Road frontage, rear access and neighbouring non-residential properties to the north/west provide scope for favourable development provisions (STCA)
- Located on the prestigious Glenferrie Road retail precinct near the intersection of High Street, anchored by major supermarkets, national retailers & public transport (tram & train)
- Bordering Glenferrie Road are the affluent suburbs of Malvern and Armadale, both suburbs boast median house prices north of $2.5m - highlighting a high level of wealth & demand within the immediate area
*Approx.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents:
Stonebridge Property Group:
Nic Hage
0448 782 594
Rorey James
0439 400 081
Kevin Tong
0422 848 818
Sarah Xi
0468 320 297
Property Code: 367